🔵🔵🔵[ANN] Covalent.ai – A Smart Policy Platform 🔵🔵🔵 - page 28.

CrypticBabe

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Activity: 420

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Quote from: Sozialtourist on December 30, 2018, 02:04:11 PM

Quote from: nxnqauff on December 30, 2018, 10:44:09 AM

Quote from: ning_aric on December 29, 2018, 06:28:46 PM

There are a few projects working on data as a capital. Covalent smart protocol unlike these projects takes a a step ahead with its amazing features. Here’s an article on what makes COVALENT unique, you might want to read this one; https://docs.covalent.ai/#unique-cova-nyx-features-and-solutions

True. Data is key for COVA. Very interesting article. Thanks for sharing it here. Are they going to sell their tokens or not?

What do you mean exactly with "sell their tokens or not". Are you talking about Cova tokens? They are already tradeable on exchanges.

probably he don't know that and still waiting the for Public sale like i used to did! even though i did not got any chance to join the sale but COVA did not left me waiting and they launched on exchange pretty soon!! that's what i love about COVA most!!

Sozialtourist

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Activity: 686

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Quote from: nxnqauff on December 30, 2018, 10:44:09 AM

Quote from: ning_aric on December 29, 2018, 06:28:46 PM

There are a few projects working on data as a capital. Covalent smart protocol unlike these projects takes a a step ahead with its amazing features. Here’s an article on what makes COVALENT unique, you might want to read this one; https://docs.covalent.ai/#unique-cova-nyx-features-and-solutions

True. Data is key for COVA. Very interesting article. Thanks for sharing it here. Are they going to sell their tokens or not?

What do you mean exactly with "sell their tokens or not". Are you talking about Cova tokens? They are already tradeable on exchanges.

CrypticBabe

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Activity: 420

Merit: 2

Quote from: nxnqauff on December 30, 2018, 10:44:09 AM

Quote from: ning_aric on December 29, 2018, 06:28:46 PM

There are a few projects working on data as a capital. Covalent smart protocol unlike these projects takes a a step ahead with its amazing features. Here’s an article on what makes COVALENT unique, you might want to read this one; https://docs.covalent.ai/#unique-cova-nyx-features-and-solutions

True. Data is key for COVA. Very interesting article. Thanks for sharing it here. Are they going to sell their tokens or not?

Actually for Cova, Data is product and they protect it with their encryption and processing it though A Protocol that'll no doubt replace Https in coming future!

nxnqauff

member

Activity: 840

Merit: 17

PG-PAY Gold Backed Token

Quote from: ning_aric on December 29, 2018, 06:28:46 PM

There are a few projects working on data as a capital. Covalent smart protocol unlike these projects takes a a step ahead with its amazing features. Here’s an article on what makes COVALENT unique, you might want to read this one; https://docs.covalent.ai/#unique-cova-nyx-features-and-solutions

True. Data is key for COVA. Very interesting article. Thanks for sharing it here. Are they going to sell their tokens or not?

ning_aric

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Activity: 826

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Quote from: faulerwilli on December 30, 2018, 07:42:03 AM

Quote from: tientien1 on December 29, 2018, 11:41:43 PM

Quote from: ning_aric on December 29, 2018, 06:28:46 PM

There are a few projects working on data as a capital. Covalent smart protocol unlike these projects takes a a step ahead with its amazing features. Here’s an article on what makes COVALENT unique, you might want to read this one; https://docs.covalent.ai/#unique-cova-nyx-features-and-solutions

It is just ideas, original ones.
From which, there are so many things need to be done in order to turn all these innovative ideas into real apps, services.
So, I propose all you waiting for more days or even weeks before making judgements on the project.

Of course, at first glance, it looks good.

Of course we have to wait until Cova has really started. This is like with all the other ICOs, we "only" buy promises and hope for the best:-)
But at Cova these promises sound very good, so I look positively into the future.

I like the way you put it. It’s a good project with promises on paper and most of these promises have been partly implemented like the open source data solution.

Pricebrianer

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Activity: 364

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Quote from: tientien1 on December 29, 2018, 11:41:43 PM

Quote from: ning_aric on December 29, 2018, 06:28:46 PM

There are a few projects working on data as a capital. Covalent smart protocol unlike these projects takes a a step ahead with its amazing features. Here’s an article on what makes COVALENT unique, you might want to read this one; https://docs.covalent.ai/#unique-cova-nyx-features-and-solutions

It is just ideas, original ones.
From which, there are so many things need to be done in order to turn all these innovative ideas into real apps, services.
So, I propose all you waiting for more days or even weeks before making judgements on the project.

Of course, at first glance, it looks good.

At First glance, you would understand why there’s so much hype on this one. In the future Covalent internet Protocol would be the most secure internet protocol with a range of users although might take some time and work to be done.

faulerwilli

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Activity: 994

Merit: 140

Quote from: tientien1 on December 29, 2018, 11:41:43 PM

Quote from: ning_aric on December 29, 2018, 06:28:46 PM

There are a few projects working on data as a capital. Covalent smart protocol unlike these projects takes a a step ahead with its amazing features. Here’s an article on what makes COVALENT unique, you might want to read this one; https://docs.covalent.ai/#unique-cova-nyx-features-and-solutions

It is just ideas, original ones.
From which, there are so many things need to be done in order to turn all these innovative ideas into real apps, services.
So, I propose all you waiting for more days or even weeks before making judgements on the project.

Of course, at first glance, it looks good.

Of course we have to wait until Cova has really started. This is like with all the other ICOs, we "only" buy promises and hope for the best:-)
But at Cova these promises sound very good, so I look positively into the future.

Nathan01

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Activity: 728

Merit: 11

DocTailor IEO on Zloadr

Quote from: ning_aric on December 28, 2018, 01:30:23 PM

Quote from: Sozialtourist on December 28, 2018, 09:42:04 AM

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

That’s a good question. I always wondered why a Smart Internet Protocol would need a token. Although, it’s all protected and users still got control over personal data. Why does Covalent internet protocol need a token?

I think the application of tokens is not for a financial transaction but act as a fuel for smart contract smooth execution, so I think Cova is going to generate revenue through that plus you also aware that their virtual machine is personalized to work with their system. I really doubt if they patent the CovaVM

tientien1

member

Activity: 322

Merit: 10

Quote from: ning_aric on December 29, 2018, 06:28:46 PM

There are a few projects working on data as a capital. Covalent smart protocol unlike these projects takes a a step ahead with its amazing features. Here’s an article on what makes COVALENT unique, you might want to read this one; https://docs.covalent.ai/#unique-cova-nyx-features-and-solutions

It is just ideas, original ones.
From which, there are so many things need to be done in order to turn all these innovative ideas into real apps, services.
So, I propose all you waiting for more days or even weeks before making judgements on the project.

Of course, at first glance, it looks good.

phantam

full member

Activity: 546

Merit: 106

Bountyhive.io

Quote from: ning_aric on December 29, 2018, 06:28:46 PM

There are a few projects working on data as a capital. Covalent smart protocol unlike these projects takes a a step ahead with its amazing features. Here’s an article on what makes COVALENT unique, you might want to read this one; https://docs.covalent.ai/#unique-cova-nyx-features-and-solutions

I've seen some others ya, but none that want to subset the internet like cova with a smart policy style delivery of security that shapes how they would handle overall data, and the fact they handled the fundraising how they did makes me feel a bit better than most of the other oddball ico projects

em777

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Activity: 574

Merit: 1

when you are fed up transfer your crypto to me

Quote from: Getadaaa on December 29, 2018, 05:45:13 PM

Data makes the internet smarter. A large percentage of data is locked up due to privacy issues. With Covalent smart internet protocol, users would have control over personal data after access has been granted.

i believe the internet will become a wonderful tool once it is made smarter a lot of potentials cannot be achieved because of issues relating to privacy and security

ning_aric

full member

Activity: 826

Merit: 102

There are a few projects working on data as a capital. Covalent smart protocol unlike these projects takes a a step ahead with its amazing features. Here’s an article on what makes COVALENT unique, you might want to read this one; https://docs.covalent.ai/#unique-cova-nyx-features-and-solutions

Pricebrianer

jr. member

Activity: 364

Merit: 3

Quote from: faulerwilli on December 29, 2018, 05:29:39 PM

Quote from: gee777 on December 29, 2018, 03:56:52 PM

Quote from: faulerwilli on December 29, 2018, 03:21:15 PM

Quote from: Sozialtourist on December 29, 2018, 10:21:22 AM

Yes, I know that their own blockchain (CovaChain) is still in its testnet stage. But their ERC20 tokens aren't just placeholders. Once their mainnet goes live, there will be both ERC20 tokens and coins on the CovaChain iirc.

both tokens should really continue to run in parallel? Until now I always thought that the ERC20 tokens would be converted by a token swap.
I have to read through the whitepaper again, maybe it says which sense it makes to keep both tokens

Are there going to be two type of tokens? I don't think so. I just know they will be on 2 blockchains. Theirs and the Ethereum blockchain. The Ethereum blockchain will be were their tokens will be based on.

Now it gets a little confusing for me:-)
Why should you run a token on two blockchains? That doesn't make sense to me. I almost believe that this is a series of misunderstandings and that after a token swap there will only be one token on one blockchain. This is how it sounds most logical to me

I think you got it all wrong. COVA works on two Blockchain. That of ethereum for COVA tokens which is erc20 Based. And COVAChain a Blockchain made for data encryption and storage.
I can’t find an announcement from team for a token swap. There isn’t going to be a token swap, not anytime soon.
Btw I don’t see a reason for a token swap

Getadaaa

jr. member

Activity: 448

Merit: 3

Data makes the internet smarter. A large percentage of data is locked up due to privacy issues. With Covalent smart internet protocol, users would have control over personal data after access has been granted.

faulerwilli

full member

Activity: 994

Merit: 140

Quote from: gee777 on December 29, 2018, 03:56:52 PM

Quote from: faulerwilli on December 29, 2018, 03:21:15 PM

Quote from: Sozialtourist on December 29, 2018, 10:21:22 AM

Yes, I know that their own blockchain (CovaChain) is still in its testnet stage. But their ERC20 tokens aren't just placeholders. Once their mainnet goes live, there will be both ERC20 tokens and coins on the CovaChain iirc.

both tokens should really continue to run in parallel? Until now I always thought that the ERC20 tokens would be converted by a token swap.
I have to read through the whitepaper again, maybe it says which sense it makes to keep both tokens

Are there going to be two type of tokens? I don't think so. I just know they will be on 2 blockchains. Theirs and the Ethereum blockchain. The Ethereum blockchain will be were their tokens will be based on.

Now it gets a little confusing for me:-)
Why should you run a token on two blockchains? That doesn't make sense to me. I almost believe that this is a series of misunderstandings and that after a token swap there will only be one token on one blockchain. This is how it sounds most logical to me

gee777

member

Activity: 728

Merit: 10

Quote from: faulerwilli on December 29, 2018, 03:21:15 PM

Quote from: Sozialtourist on December 29, 2018, 10:21:22 AM

Quote from: CrypticBabe on December 29, 2018, 08:37:26 AM

Quote from: Sozialtourist on December 29, 2018, 07:21:09 AM

Quote from: phantam on December 28, 2018, 09:29:02 PM

Quote from: Sozialtourist on December 28, 2018, 07:13:26 PM

I know the CovaChain is still a work in progress and it will probably take some time before their own blockchain goes live but does anyone know if the coins on their CovaChain will be 1:1 granted to the holders of the ERC20 tokens? Otherwise their vested block reward tokens wouldn't make sense, right?

To my knowledge yes, you'd have to double check their documentation but thats what makes sense to me as far as they have been developing and they want to make sure that early holders and developers get their moneys worth from early investments

But will the ERC20 tokens that are in the block reward pool then be burned after the CovaChain launched? It doesn't make sense to have ERC20 tokens for block rewards.

As per my knowledge They have their own Blockchain which is in public testnet stage! Most project releases their ERC20 token before starting the main net in begining! This to help you Investor not wait any further while they continues with the development! You will get block reward only when they releases main net!

Yes, I know that their own blockchain (CovaChain) is still in its testnet stage. But their ERC20 tokens aren't just placeholders. Once their mainnet goes live, there will be both ERC20 tokens and coins on the CovaChain iirc.

both tokens should really continue to run in parallel? Until now I always thought that the ERC20 tokens would be converted by a token swap.
I have to read through the whitepaper again, maybe it says which sense it makes to keep both tokens

Are there going to be two type of tokens? I don't think so. I just know they will be on 2 blockchains. Theirs and the Ethereum blockchain. The Ethereum blockchain will be were their tokens will be based on.

Ace44

member

Activity: 672

Merit: 11

Quote from: Kinkadeinspired on December 29, 2018, 08:49:59 AM

Quote from: Ace44 on December 29, 2018, 06:54:30 AM

Quote from: Sozialtourist on December 28, 2018, 05:09:25 PM

Quote from: Ace44 on December 28, 2018, 04:43:03 PM

Quote from: ning_aric on December 28, 2018, 01:30:23 PM

Quote from: Sozialtourist on December 28, 2018, 09:42:04 AM

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

That’s a good question. I always wondered why a Smart Internet Protocol would need a token. Although, it’s all protected and users still got control over personal data. Why does Covalent internet protocol need a token?

Actually, Cova is not just all about internet protocol, though its their primary concept but they also said something about having their own data market place if i'm not mistaken, so i believe they will have some sort of use for their token after all, its a gradual process and i believe with time we'll get to see multiple usage of their concept

Okay, then it would make sense that they want to generate income this way. It would just be nice to get some more information about this.

Yea, i think you will probably get some more information on that through their medium channel, the title of the article should be a deep dive or something, it gives an insight on the possibility that abounds in the project and its really vast, so i believe having their internet protocol is just the starting point of what they will have to offer in the future

Yea, I read the "deep dive" article on Medium and I must say it is really enlightening. I got most of the answers I needed about COVA from there, I think everyone here should read it for enlightenment.

Yes, its a vast project, so we'll get to see much more rolled out of the platform with time, as the internet itself is vast with endless processes, each giving birth to another, so Cova is just starting, the next generation of internet users will be pleased and lucky to have this kind of concept, once the platform has been set up and fully operational

faulerwilli

full member

Activity: 994

Merit: 140

Quote from: Sozialtourist on December 29, 2018, 10:21:22 AM

Quote from: CrypticBabe on December 29, 2018, 08:37:26 AM

Quote from: Sozialtourist on December 29, 2018, 07:21:09 AM

Quote from: phantam on December 28, 2018, 09:29:02 PM

Quote from: Sozialtourist on December 28, 2018, 07:13:26 PM

I know the CovaChain is still a work in progress and it will probably take some time before their own blockchain goes live but does anyone know if the coins on their CovaChain will be 1:1 granted to the holders of the ERC20 tokens? Otherwise their vested block reward tokens wouldn't make sense, right?

To my knowledge yes, you'd have to double check their documentation but thats what makes sense to me as far as they have been developing and they want to make sure that early holders and developers get their moneys worth from early investments

But will the ERC20 tokens that are in the block reward pool then be burned after the CovaChain launched? It doesn't make sense to have ERC20 tokens for block rewards.

As per my knowledge They have their own Blockchain which is in public testnet stage! Most project releases their ERC20 token before starting the main net in begining! This to help you Investor not wait any further while they continues with the development! You will get block reward only when they releases main net!

Yes, I know that their own blockchain (CovaChain) is still in its testnet stage. But their ERC20 tokens aren't just placeholders. Once their mainnet goes live, there will be both ERC20 tokens and coins on the CovaChain iirc.

both tokens should really continue to run in parallel? Until now I always thought that the ERC20 tokens would be converted by a token swap.
I have to read through the whitepaper again, maybe it says which sense it makes to keep both tokens

Pricebrianer

jr. member

Activity: 364

Merit: 3

Quote from: Sozialtourist on December 28, 2018, 05:09:25 PM

Quote from: Ace44 on December 28, 2018, 04:43:03 PM

Quote from: ning_aric on December 28, 2018, 01:30:23 PM

Quote from: Sozialtourist on December 28, 2018, 09:42:04 AM

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

That’s a good question. I always wondered why a Smart Internet Protocol would need a token. Although, it’s all protected and users still got control over personal data. Why does Covalent internet protocol need a token?

Actually, Cova is not just all about internet protocol, though its their primary concept but they also said something about having their own data market place if i'm not mistaken, so i believe they will have some sort of use for their token after all, its a gradual process and i believe with time we'll get to see multiple usage of their concept

Okay, then it would make sense that they want to generate income this way. It would just be nice to get some more information about this.

I think they have a good roadmap plus project token is already listed and trading with a high daily volume. COVALENT team need s to put more effort to launch the internet protocol and marketplace early. This would give these tokens a solid real life use case and back up value

Getadaaa

jr. member

Activity: 448

Merit: 3

Quote from: em777 on December 28, 2018, 04:59:41 PM

Quote from: Sozialtourist on December 28, 2018, 09:42:04 AM

I am not sure if it has answered anywhere before but does anyone of you guys know how Cova will monetize their platform? I mean, right now they have still funds from the private sale but how will they earn money once the protocol goes live?

I am suspecting they will generate money when their protocol is used since it's a cryptocurrency platform I expect them to generate fund from mining as well

I had no idea there was cova mining. If cova tokens would be mined , it won’t be profitable as compared to btc or eth. Btw I asked on Cova telegram group chat, got no reply. But I read on cova whitepaper about a data marketplace where cova tokens would be used for secure transactions in the data market.

Topic: 🔵🔵🔵[ANN] Covalent.ai – A Smart Policy Platform 🔵🔵🔵 - page 28. (Read 50787 times)